Tag Archives: economy

Puerto Rico’s poor economy is rooted in counter-productive Puerto Rican government policies

https://www.washingtonpost.com/opinions/dont-blame-puerto-ricos-poor-economy-on-hurricanes/2018/12/17/206a5734-f181-11e8-9240-e8028a62c722_story.html The Puerto Rican government is the problem by having policies that encourage people to be on welfare, to discourage them from working.  It’s simple logic, in that one will get more behavior that is rewarded and less behavior that … Continue reading

Posted in analysis and opinion, culture and cycle of dependency, Hurricane Maria and after effects, Puerto Ricans and Puerto Rico people, Puerto Rico necessary improvements | Tagged , , , , , , , , , , , , , | Leave a comment

Puerto Rico’s Agriculture and Farmers Decimated by Maria

Puerto Rico’s Agriculture and Farmers Decimated by Maria By FRANCES ROBLES and LUIS FERRÉ-SADURNÍSEPT. 24, 2017 Photo Plantain trees flattened by Hurricane Maria in Yabucoa, P.R. In a matter of hours, the storm destroyed about 80 percent of the crop … Continue reading

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Here’s how an obscure tax change sank Puerto Rico’s economy

https://www.cnbc.com/2017/09/26/heres-how-an-obscure-tax-change-sank-puerto-ricos-economy.html Here’s how an obscure tax change sank Puerto Rico’s economy Even before a devastating hurricane brought Puerto Rico to a near standstill, the government there was struggling with an economy in shambles and a default on billions of dollars … Continue reading

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Puerto Rico needs an IMF-style economic plan

  https://www.aei.org/publication/puerto-rico-needs-an-imf-style-economic-plan Desmond Lachman October 27, 2017 | Real Clear Markets Puerto Rico needs an IMF-style economic plan Economics, International Economics It would be an understatement to state that the hurricane-battered Puerto Rican economy is at serious risk of entering … Continue reading

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Report: Puerto Rico Exodus to Increase in the Next 2 Years

http://caribbeanbusiness.com/report-puerto-rico-exodus-to-increase-in-the-next-2-years Report: Puerto Rico Exodus to Increase in the Next 2 Years By Rosario Fajardo on October 30, 2017 SAN JUAN – A report by Hunter College’s Center for Puerto Rican Studies projects that outmigration from the island as a … Continue reading

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Some 5,000 Puerto Rico small businesses expected to close after Hurricane Maria; 35% could not reopen

http://caribbeanbusiness.com/some-5000-puerto-rico-small-businesses-expected-to-close-after-hurricane-maria-35-could-not-reopen Some 5,000 Puerto Rico small businesses expected to close after Hurricane Maria; 35% could not reopen By Eva Lloréns Vélez on October 27, 2017 SAN JUAN – Ten percent, or about 5,000 of Puerto Rico’s 50,000 small and midsize … Continue reading

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Without Power Restored, P.R. Retail Sector Could Lose $8.9B in 6 Months

  http://caribbeanbusiness.com/without-power-restored-p-r-retail-sector-could-lose-8-9b-in-6-months Without Power Restored, P.R. Retail Sector Could Lose $8.9B in 6 Months By Eva Lloréns Vélez on October 23, 2017 SAN JUAN – The Puerto Rican Retail Trade Association (ACDET by its Spanish initials), a group founded in … Continue reading

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